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Home | Online Business Ideas That Can Make You Rich in 2023

Lifestyle

Online Business Ideas That Can Make You Rich in 2023

Daily Report Nigeria
Daily Report Nigeria
Published: January 1, 2021
Last updated: January 1, 2021
7 Min Read
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There are lots of online business ideas that can make you millions of naira today. As we all know, to make money you need money, so if you are looking to make millions, you must have at least 10,000 Naira as your startup capital.

It is never too late to start a business, and also, you are never too young or old to have your business paying you millions.

Are you in search of new business ideas that can make you millions? Well, you are on the right page. In this post, I will show you 15 online business ideas that have been proven many times over to be super lucrative and rewarding.

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Online Business Ideas in Nigeria

1. Transport Services

Offering transport services in Nigeria is a very lucrative business in Nigeria. Do you know that serious bus owners, motorcycle riders, and tricycles (Keke Napep) make close to 100,000 weekly? On a daily basis, people and goods are transported all over the country. You can capitalize on this and make legit money for yourself.

2. Importation

You can easily import goods into the country from popular countries like China, America, the UK, and South America for wholesale and retail purposes.

The importation business has proven to be very profitable over the years. Most people import clothes, new and fairly used gadgets, and accessories, cars, health products, etc.

READ ALSO: 5 Best Investment Opportunities in Nigeria in 2023

3. Tailoring

Tailoring is no longer a regular, non-profiting local business. If you reside in Lagos, you can testify that tailors are making serious money monthly. People tend to spend heavily on their outfits and attire, and if you are creative and hardworking, you will surely get clients who are willing to pay you in millions.

4. Photographic and video documentation

This is a very lucrative business idea that you should consider investing your money in, even if you are a student. You can take pictures of special events in a creative and perfect manner.

If you venture into video coverage, you can earn a fairly higher income than photographers, but you should note that video coverage demands more knowledge.

5. Sales of mobile phones, gadgets, and laptop computers

This business idea is very lucrative because anybody can start it. Everybody owns a mobile phone in their pockets, and while some are looking to buy new phones, others want to upgrade to a higher model. You can make a whole lot of money by selling these gadgets online or offline.

6. Make-up Services

We all know how expensive good makeup is. This is a business that even students can start with a low income. You should have some knowledge of how to make your clients beautiful.

Get a makeup salon in a very busy city and start printing your own money. You can also start small and build a community that can easily refer you or vouches for you.

7. Game Houses

This is a very lucrative business idea that you should consider investing your money in, even if you are a student. For maximum profits, it is best to start this business in a student area.

Do you know that some students pay lots of money to play video games daily? Some core gamers spend at least 1,000 Naira per day on games.

Count 10 people like that in your game house and you will make more than 10,000 Naira.

8. Programming

This business requires a lot of skill acquisition and knowledge of programming languages,

You can start this business from the comfort of your home with your laptop and data. Programming has made so many people all over the world millionaires, and it still does.

9. Sports Viewing Centre

Most people enjoy watching football with their friends more than watching it alone, and as we all know, football is one of the hottest sports in Nigeria.

You only need three TV sets and a DSTV console to start this business. This business will surely fetch you lots of money, especially if launched in a populated area.

10. Graphic Designing

This online business idea has made lots of students millionaires over the years. It involves designing and creating visual content like images, banners for sales, or advertisements.

11. Trading Cryptocurrencies

Trading cryptocurrencies is a great way to make millions in Nigeria. You can also involve yourself in the buying and selling of cryptocurrencies, and you will make money, even as a Nigerian student.

Note that this business is risky and so many people have lost money trading crypto. So be careful and well-informed.

12. Selling Online Courses

You can sell courses on online platforms like WhatsApp, Facebook, Udemy, etc. You can sell these courses as videos or ebooks and make cool cash from each purchase.

13. Blogging

Blogging is another way to make millions of naira today. So many people have shown interest and have started the business, and they are making millions of dollars monthly. You can too.

 

14. Delivery and Courier Services

You can start delivery and courier services for clients. You can also offer waybills and other delivery services nationwide. If done rightly, this can generate a passive income for you.

15. Disc Jockey Services (DJ)

Starting this business in Nigeria is very lucrative because a party or event without a DJ hasn’t started yet. The business is easy to start as you can start with just your laptop, stereo speakers, and turntable.

Conclusion

If you can capitalize on these online business ideas, you will surely create wealth for yourself. Why should you look for a job when you can easily create one?

Like with every other business, there will be rainy days, but you shouldn’t give up. With consistency, hard work, and determination, you will surely succeed

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